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On August 29, 2025, the Ethereum Foundation announced the suspension of public grant applications for its Ecosystem Support Program (ESP).
Bank of China (Hong Kong) Limited (referred to as "BOCHK") has officially announced that it will apply for a stablecoin issuance license, aiming to become one of the first approved institutions.
Share link:In this post: ZachXBT leaked a spreadsheet exposing over 200 crypto influencers paid to promote a project without disclosure. Only five out of 160+ who accepted the deal labeled their posts as ads. Prices ranged from $750 to $60,000 per post, with wallet addresses publicly listed.
Share link:In this post: BRC20 has officially upgraded to “BRC2.0” at Bitcoin block height 912690, opening the door to decentralized apps and DeFi on Bitcoin. Developers will be able to use Ethereum-style smart contracts on Bitcoin, while still being able to use Ethereum tools. 64% of the NFT market’s total sales since 2017 are based on Ethereum.
Share link:In this post: Sonic Labs secured 99.99% support from participating wallets to issue $200 million worth of its S tokens. Sonic intends to allocate $100 million for a Nasdaq-listed PIPE vehicle. The firm will also change its gas mechanism.
Trump: Crypto should be traded, and stocks should also be sold.
- Japanese firm Convano Inc. is allocating $3B to Bitcoin, aiming to hedge against yen depreciation and near-zero interest rates by acquiring 21,000 BTC (0.1% of total supply) by 2027. - The leveraged strategy mirrors moves by Metaplanet and MicroStrategy, using equity/debt financing to accelerate crypto accumulation amid Japan's 260% debt-to-GDP ratio and 15% yen depreciation in 2025. - Critics warn of "death spiral" risks: a 30% BTC price drop could erase $900M from Convano's investment, triggering force
- 16:09Weekly Report: $4 Billion Worth of Bitcoin Swapped for Ethereum, Institutions Continue to Accumulate BTCChainCatcher reported that the crypto market showed a divergent trend last week. Although DEX trading volume decreased by about 10% week-on-week, the market cap of stablecoins increased by $6.65 billions, indicating a continuous inflow of new funds. Notably, an early investor (OG) holding a large amount of bitcoin made a large-scale asset allocation adjustment, selling 35,991 BTC (approximately $4.04 billions) since August 20, while purchasing 886,371 ETH (approximately $4.07 billions), demonstrating strong confidence in Ethereum's future performance. This investor still holds 49,634 BTC (approximately $5.43 billions). During the same period, institutional investment enthusiasm remained high, with six listed companies collectively purchasing 2,329 bitcoin, with a total value of approximately $253 millions.
- 16:09Listed company InFocus Group launches digital asset venture capital fund with 10 million AUD supportChainCatcher news, according to PR Newswire, the Australian listed company InFocus Group has announced the launch of its digital asset venture capital arm, InFocus Digital Ventures, and will receive 10 million AUD in financing support from Asia-Pacific digital asset company Mythos Group through the issuance of convertible bonds and allotment of shares. It is reported that the institution intends to use part of the initial funds to invest in the Monochrome Bitcoin ETF, and later plans to directly purchase spot bitcoin.
- 16:09Ethereum Gas fees have dropped to 7 GweiChainCatcher News, according to Etherscan data, the listing of WLFI on exchanges caused a temporary rise in Ethereum Gas fees. Currently, the average Gas fee has dropped to 7.011 Gwei.